Asia

MJL Bangladesh Plc reported increased net profit, Eastern Lubricants Blenders Ltd. posted decreased profits and Lub-rref (Bangladesh) Ltd.’s net pro ...

In a growing trade dispute, China’s government announced last week that it will suspend tariff concessions on imports of 134 categories of products ...

Base oil supplies appeared to be lengthening in Asia, a sign that consumption levels may be weakening on seasonal patterns and other factors, includin ...

Tide Water Oil Co. (India) Ltd., owner of the Veedol brand, recently announced it will close its German subsidiary due to the restructuring of its Eur ...

Gulf Oil Lubricants India Ltd. reported strong increases in net profit for the quarter ended March 31 and its fiscal year, riding a wave of sales grow ...

Eneos announced on Wednesday that it has produced rerefined base oil  in a demonstration project, as part of its work in a government-commissioned st ...

Several base oil grades remained exposed to upward pressure on account of steady demand against snug supplies, although buying interest appeared to be ...

South Africa’s Central Energy Fund SOC has finalized an agreement to buy the Sapref oil refinery in Durban, from Shell and BP – transacting a site ...

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue for the quarter ended March 31 ...

While there were no unexpected incidents in Asia this week, there was a sense of unease and trepidation as geopolitical conflicts and economic uncerta ...

Kluber Lubrication announced it will expand its factory in Mysore, India, to increase the amount of specialty lubricants that it makes locally and to ...

Chevron Oronite announced Wednesday its final investment decision to expand its lubricant additive facility in Ningbo, in China’s Zhejiang province, ...

Bulgaria’s Caspian Lubricants Recycling announced plans to invest in a new base oil rerefinery near Baku, Azerbaijan, according to the state Agency ...

Availability of a few base oil grades has tightened in Asia, catapulting prices to higher levels, while other cuts seem to be more balanced against de ...

Yushiro Chemical reported increased fiscal-year net profit and sales for the quarter ended March 31, while specialty chemical producer KH Neochem post ...

South Korea exported 19% less base oil at a 32% drop in reported value in April, according to data released earlier this week by a government agency.

Refiners in India increased base oil production by 8% for the fiscal year ended March 31, leaning on a recent expansion at a plant operated by Indian ...

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the first quarter ended March 31, wh ...

Trading in some base oil segments was brisk, but some corners of the market have started to slow down, perhaps because consumers have become increasin ...

Chemical maker Denka Co. has agreed to by a 50% stake of Mitsubishi Chemical’s Frontier Carbon Corp., forming a joint venture aimed at expanding pro ...